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Walgreens eyes more efficient health care

Walgreens eyes more efficient health care

In a country where health care is rife with wasted time and money, Walgreens is committed to making pharmacy more efficient. One measure of the practice’s current inefficiency, says Alex Gourlay, co-chief operating officer of Walgreens Boots Alliance Inc.

Fred’s posts 3Q loss, plans to close 40 stores

Fred’s posts 3Q loss, plans to close 40 stores

In reporting a net loss for its fiscal 2016 third quarter, Fred’s Inc. said it plans to shut 40 underperforming stores in the first half of next year. Fred’s also announced at the start of its earnings call Thursday that it wouldn’t take any questions from analysts following its quarterly report —

Rite Aid re-ups with SciQuest global sourcing tool

Rite Aid re-ups with SciQuest global sourcing tool

Rite Aid Corp. has renewed its use of SciQuest’s Advanced Sourcing Optimizer (ASO) global sourcing software. SciQuest said Wednesday that Rite Aid, the nation’s third-largest drug chain, is a longtime customer and uses ASO to source major indirect spend categories.

Spike in new medicines to lift global drug spending

Spike in new medicines to lift global drug spending

Though annual growth stands to moderate, global drug spending will climb to an estimated $1.5 trillion by 2021, up 33% from this year, according to the QuintilesIMS Institute. Worldwide spending on medicines is projected to grow at a 4% to 7% compound annual rate over the next

Walgreens tabs Aurora to run clinics in Wisconsin

Walgreens tabs Aurora to run clinics in Wisconsin

Aurora Health Care will own and operate eight health clinics in Walgreens stores across eastern Wisconsin. Plans call for five current Walgreens Healthcare Clinics to transition to Aurora next spring, when the locations will become part of Aurora Health Care, the companies said Tuesday.

Wakefern names Chris Lane as exec vice president

Wakefern names Chris Lane as exec vice president

Wakefern Food Corp. has promoted Chris Lane, senior vice president of product divisions, to executive vice president of the company. Lane, a 13-year veteran of Wakefern, will guide day-to-day operations and strategy planning.

Rite Aid, CVS offer flu shot incentives

Rite Aid, CVS offer flu shot incentives

In support of National Influenza Vaccination Week, Rite Aid and CVS Pharmacy are giving consumers more reasons to come to their pharmacies for a flu shot. Rite Aid is offering customers $5 off the cash price of a flu vaccination through Dec. 17. The standard trivalent flu shot costs $27.99 and the